Cryptocurrency is moving quickly into the financial mainstream. At the same time, staking has become an increasingly preferred method for investors to earn passive income. Staking typically requires users to hold and “lock up” their cryptocurrencies in a wallet to help the network maintain its operations. In exchange for their investment, stakers are rewarded through the network, much like earning interest on a savings account. This guide from BlockchainShock will explore the best crypto wallets for staking in 2025, highlighting the features, benefits, and risks associated with each option. Our goal is to arm readers with the information they need to better understand the staking landscape and make the most of their staking rewards.
Best Crypto Wallets for Staking in 2025
The crypto wallet space can be overwhelming, but knowing your options is key to staking success. Crypto wallets come in two primary forms: hot wallets and cold wallets. Hot wallets, or online wallets, are digital wallets that are fully accessible through the internet and are known for being convenient and easy to use. Cold wallets, or hardware wallets, are physical devices that hold your cryptocurrencies offline, offering added protection. Each wallet type has unique benefits and drawbacks. Then the better option for you comes down to how you would like to customize your protection and level of risk.
Top Hot Wallets for Staking
Hot wallets therefore fit best for users who value ease of access and high-volume trading. These are software-based that can be used right on computers, smartphones, or even web browser-compatible devices. Since they’re always connected to the internet, hot wallets are at a greater risk of being hacked and facing other cybersecurity threats. Fortunately, most well-known hot wallets offer robust security measures. These include two-factor authentication and encryption tech to secure users’ funds, though not without risks.
Leading Cold Wallets for Staking
Cold wallets are the most secure way to store cryptocurrencies. By storing private keys offline, they greatly minimize the risk of unauthorized access and theft. Cold wallets, also known as hardware wallets, are ideal for long-term investors. They offer peace of mind for market participants who have no need to transact on a daily basis. Cold wallets offer additional protection for your most significant cryptocurrency assets. Though they are a bit more inconvenient than hot wallets, this is exactly what many users like about them.
Leading Hot Wallets for Crypto Staking
Hot wallets – a type of software wallet that is connected to the internet. Their ease of access to your digital assets, often used for daily trading or staking, means they’re not as safe as hardware wallets. Select an established hot wallet that provides robust security options. This action is an important first step toward securing your money from the ever-evolving dangers.
1. Most Popular DeFi Wallet for Staking
Coinbase Wallet is a versatile hot wallet that allows users to manage their crypto-related activities, access web3 ecosystems, and interact with over 20,000 decentralized applications (dApps). It enables user-initiated actions, including swaps, staking, bridging, and farming, among other player development functions across numerous networks. You can pair Coinbase Wallet with an external hardware wallet for even more security. This entire configuration provides you with the ideal combination of comfort and safety.
Coinbase Wallet is ranked #1 with users who want to earn rewards via staking. When users stake $100 worth of Ethereum (ETH) for the first time, they’ll receive $10 worth of rewards. There are even possibilities for those rewards to increase all the way to $30! This wallet supports lots of different cryptocurrencies as well as staking options. It’s a powerful yet simple all-in-one platform to launch, manage and grow your digital assets!
The platform's user-friendly interface and extensive support for various blockchain networks make it accessible to both beginners and experienced crypto users. With Coinbase Wallet you can interact with thousands of dApps, giving you access to the decentralized finance (DeFi) universe. Sign up today and unlock dozens of new earning possibilities!
2. Zengo: Best Web3 Wallet for Altcoins
Zengo’s all-in-one interface is the easiest way to buy and manage altcoins in a secure, user-friendly web3 wallet. It offers a safe yet user-friendly environment to stake and explore other DeFi opportunities. Its keyless security guarantees that users stay in control of their assets without the hassle of dealing with private keys.
Zengo has the most extensive collection of altcoins. This feature makes it a great option for users looking to broaden their staking portfolio. The wallet’s interface is simple and intuitive. It allows newcomers and seasoned crypto veterans alike to explore its offerings without intimidation or confusion.
Security and user experience is a top priority at Zengo. This commitment renders it the go-to platform for anyone looking to dip their toes into web3 and decentralized finance. Zengo is compatible with dozens of blockchains and DeFi protocols. This empowers users to research different staking options and make the most of their rewards.
3. Binance Wallet: Premier Custodial Option
Binance is one of the largest cryptocurrency exchanges in the world. Its wallet offers users an all-in-one, familiar, and highly secure interface to explore the world of digital assets and staking. Binance has a $0 tiered transaction fee structure. The platform incentivizes frequent traders by providing lower fees based on their monthly trading volume and provides additional rewards if they use the platform's native coin, BNB, to pay their fees.
Binance offers great staking opportunities through over 100 different cryptocurrencies. You’ll be able to target APRs of between 2.4% and 7%, while other assets can even take off as high as 21%. The crypto exchange has some huge promotions going on! Following this, users can receive rewards of up to 5,000 USDT on their first deposit, incentivizing them to stake their assets on the platform.
The platform’s all-in-one ecosystem and vast selection of supported cryptocurrencies contribute to its popularity for staking. Understand the dangers associated with centralized exchanges. These risks consist of increased regulatory scrutiny and exposure to security breaches.
4. Trust Wallet: Top Non-Custodial Choice
Trust Wallet is a simple, secure mobile wallet. With support for over 100 different cryptocurrencies, Exodus has quickly become a favorite among users. Further, it empowers users to easily store, send, receive and stake their digital assets all from the convenience and security of their smartphone. Trust Wallet is a non-custodial and secure wallet, users are in control of their private keys and funds always.
From BTC to DOT, Trust Wallet has you covered with easy, non-custodial staking support for dozens of cryptocurrencies. Polkadot is one of the top 20 cryptocurrencies by market cap, with a market cap of more than $7 billion. It uses an eco-friendly Proof of Stake (PoS) consensus algorithm, and users earn rewards by staking their tokens.
The wallet’s powerful yet intuitive interface, combined with access to multiple blockchains, ensures beginners and advanced crypto users alike can easily navigate through the wallet. Because Trust Wallet is non-custodial, users have more control over their assets. This configuration makes it much less likely that a third party would be able to interfere.
Premier Cold Wallets for Cryptocurrency Staking
Cold wallets, known as hardware wallets, keep your cryptocurrency on physical devices. This allows you to store your assets offline while providing a final layer of protection from online attacks. They are perfect places to store assets and stake them, greatly reducing the chance that hackers can access assets.
5. Ledger Nano X: Best Hardware Wallet
The Ledger Nano X, one of the most popular hardware wallets, supports over 5,500 cryptocurrencies and NFTs, and it allows you to stake directly on your device. It pairs with your computer or mobile device via Bluetooth. This makes it possible to hold your assets and participate in staking activities with total peace of mind.
The Ledger Nano X supports non-custodial staking for cryptocurrencies like Ethereum (ETH), Tezos (XTZ), and Cosmos (ATOM). It further enables you to use decentralized finance (DeFi) applications and join staking pools right from the wallet. The device’s secure element chip and security architecture make sure your private keys are never exposed.
The Ledger Nano X clearly separates itself from the competition with one major thing – its user interface. With deep support for crypto assets, it’s one of the best platforms for safely staking assets as well. And with the additional convenience of Bluetooth connectivity, you can easily manage your portfolio on the go.
6. Trezor Model T: Most Secure Option
The Trezor Model T is the most advanced high-end hardware wallet packed with state-of-the-art security technology and an intuitive touchscreen interface. It provides the widest selection of crypto assets and staking options. This versatility is what makes it one of the best digital asset management solutions available today.
Currently, the Trezor Model T allows you to stake Cardano (ADA), Zcash (ZEC) and Dash (DASH) on the wallet. It unlocks the ability to connect to decentralized exchanges (DEXs) and join staking pools directly from the wallet. The Ledger Nano S Plus comes equipped with military grade security features, which are specifically designed to protect your private keys. Combined, its secure boot process and tamper-evident packaging make tampering difficult and detectable.
Our favorite hardware wallet, the Trezor Model T also makes an excellent primary wallet for securely staking assets. Thanks to its intuitive touchscreen interface and robust security features, it’s a user-friendly and secure choice. The wallet’s open-source firmware creates an opportunity for increased transparency, security and community engagement during the wallet’s development.
7. ELLIPAL Titan 2.0: Ideal Cold Wallet for Staking
The ELLIPAL Titan 2.0 is the ultimate air-gapped, full-featured hardware wallet. This means that there are no USB, Bluetooth, or Wi-Fi connections, which makes remote attacks impossible. Thanks to its interoperability with more than 100 blockchains, the S1 Pro can securely store, send, and receive thousands of cryptocurrencies.
We really liked that the ELLIPAL Titan 2.0 allows you to stake all of these different cryptocurrencies. It’s that simple getting rewards! Stay secure and earn more, in every way. And with a huge touchscreen and streamlined interface, it’s never been easier to control your assets and get started with staking.
Comparing Top Crypto Wallets for Staking
A hot wallet allows for convenience and easy access, whereas a cold wallet offers more security. Consider the following factors when comparing the top crypto wallets for staking:
- Security: Look for wallets with robust security features, such as two-factor authentication, encryption, and secure element chips.
- Supported Cryptocurrencies: Ensure the wallet supports the cryptocurrencies you want to stake.
- Staking Options: Check if the wallet offers staking options for your preferred cryptocurrencies and DeFi platforms.
- User Interface: Choose a wallet with an intuitive and user-friendly interface.
- Fees: Be aware of any transaction fees or staking fees associated with the wallet.
How We Evaluated the Best Wallets (Methodology)
BlockchainShock takes into account a variety of factors to find the best crypto wallets for staking in 2025. Their evaluation process is rigorous and expansive. These elements ensure that the suggested wallets are both the most secure and reliable recommendations. Beyond that, they are instruments of technological innovation, and they serve the diverse needs of crypto investors and enthusiasts.
Our blockchain research team is led by the domain’s top experts, such as Eleanor Brooks. Their unique process utilizes a holistic and quantitative methodology that synthesizes technical analysis, user feedback, and industry expertise. Our unique approach enables us to deliver comprehensive and credible recommendations.
The main factors we’re looking at are security features, what cryptocurrencies they support, whether you can stake assets there, ease of use, fees, and customer service. By meticulously examining these aspects, we aim to guide our readers toward making informed decisions that align with their specific staking goals and risk tolerance.
Understanding Crypto Wallets That Support Staking
Crypto wallets are indispensable mediums that facilitate the storing, trading, and staking of digital wealth. As such, wallets are portals that let users manage their crypto assets by safely storing, sending, receiving and staking cryptocurrencies. When considering staking, it’s important to get familiar with the different types of wallets and their unique features in order to make informed decisions.
Types of Wallets for Crypto Staking
- Hot Wallets: These are software-based wallets that are connected to the internet. They offer convenient access to your digital assets but are more vulnerable to hacking and cyber threats.
- Cold Wallets: These are hardware wallets that store your cryptocurrency offline, providing an extra layer of security against online threats.
- Custodial Wallets: These are wallets where a third party holds your private keys. They are easy to use but give you less control over your assets.
- Non-Custodial Wallets: These are wallets where you have full control over your private keys. They offer greater security but require more responsibility.
Selecting the Right Wallet for Staking
- Consider Your Security Needs: If you prioritize security, choose a cold wallet or a non-custodial hot wallet.
- Check Supported Cryptocurrencies: Ensure the wallet supports the cryptocurrencies you want to stake.
- Evaluate Staking Options: Check if the wallet offers staking options for your preferred cryptocurrencies and DeFi platforms.
- Assess User Interface: Choose a wallet with an intuitive and user-friendly interface.
- Compare Fees: Be aware of any transaction fees or staking fees associated with the wallet.
Risks Associated with Staking from a Wallet
Staking cryptocurrencies through a wallet can be a rewarding experience, it's essential to be aware of the associated risks:
- Security Risks: Hot wallets are vulnerable to hacking and cyber threats, while cold wallets can be lost or damaged.
- Lock-Up Periods: Staking often requires locking up your assets for a certain period, during which you cannot access or trade them.
- Slashing: Some blockchain networks may penalize stakers for malicious behavior or downtime, resulting in a loss of staked assets.
- Volatility: The value of staked cryptocurrencies can fluctuate significantly, affecting your overall returns.
Expert Insights for Enhancing Your Staking Rewards
To maximize your staking rewards and mitigate potential losses, consider the following expert tips:
- Diversify Your Staking Portfolio: Spread your assets across multiple cryptocurrencies and staking platforms to reduce risk.
- Research Staking Platforms: Choose reputable staking platforms with a proven track record of security and reliability.
- Monitor Your Staking Rewards: Regularly check your staking rewards and adjust your strategy as needed.
- Stay Informed: Keep up-to-date with the latest developments in the cryptocurrency and staking space.
Effective Strategies for Maximizing Yields in 2025
To stay ahead in the competitive world of crypto staking, consider these effective strategies for maximizing your yields in 2025:
- Explore Decentralized Liquid Staking Protocols: Decentralized liquid staking protocols like Lido offer an estimated 6.7% APR, providing a flexible way to earn rewards without locking up your assets.
- Utilize Centralized Exchanges: Centralized exchanges offer competitive APRs, ranging from 2.4% to 7% and even higher for certain assets, reaching up to 21%.
- Take Advantage of Promotions: Look for wallets and exchanges that offer promotions, such as earning rewards worth up to 5,000 USDT on your first deposit.
- Consider Governance Tokens: Some wallets offer staking rewards for governance tokens, allowing you to participate in the decision-making process of the platform.
- Stay Updated on Market Trends: Keep an eye on market trends and adjust your staking strategy accordingly to take advantage of emerging opportunities.
Summary of the Best Crypto Wallets for Staking
By selecting the best crypto wallet for staking, you can ensure you’re getting the most rewards while reducing your potential risks. Hot wallets are convenient and easy to access, but cold wallets are more secure. Think about what you specifically want and need out of a wallet before making your choice.
- Coinbase Wallet: A versatile hot wallet that supports a wide range of cryptocurrencies and staking options.
- Ledger Nano X: A popular hardware wallet that offers secure storage and staking for various cryptocurrencies.
- Trezor Model T: A high-end hardware wallet known for its advanced security features and user-friendly interface.
- ELLIPAL Titan 2.0: A unique hardware wallet that prioritizes security through its air-gapped design.
Consider the features, benefits, and potential risks of each wallet thoroughly. That will prepare you to make an informed decision, so you can feel confident when you stake your cryptocurrencies.
Common Questions About Crypto Wallets and Staking
The cryptocurrency space is moving faster than ever. A lot of these new investors/enthusiasts are very interested to learn the ins-and-outs of crypto wallets and staking. We’ve compiled a few of the most frequently asked questions, along with answers, to restore some context to these terms and figures.
Do I Have to Pay Taxes on Crypto Investments?
Yes, in almost every jurisdiction, you owe taxes on crypto investments. Tax rules differ widely based on where you live and what type of crypto transactions you engage in. As a rule of thumb, you owe capital gains taxes on cryptocurrencies’ profits when you sell crypto for traditional currency or trade one crypto for another. Further, income received through staking, mining, or any crypto-based activity can be taxable.
Record all crypto transactions meticulously. Further, make sure you work closely with a tax professional so that you are following all relevant tax laws. Not reporting your crypto gains and income will expose you to penalties and prosecutions.
What Are the Benefits of Long-Term Cryptocurrency Investments?
Determining the best long-term crypto investments takes significant time studying and analyzing each potential investment. Consider the following factors when evaluating potential investments:
- Potential for High Returns: Cryptocurrencies have the potential to generate significant returns over the long term.
- Diversification: Cryptocurrencies can provide diversification benefits to your investment portfolio, as they are often uncorrelated with traditional assets.
- Inflation Hedge: Some cryptocurrencies, like Bitcoin, are designed to be a hedge against inflation, as their supply is limited.
- Decentralization: Cryptocurrencies offer a decentralized alternative to traditional financial systems, reducing reliance on intermediaries.
How to Choose the Best Long-Term Cryptocurrency Investments
Here are some tips to help you invest in cryptocurrency wisely:
- Market Capitalization: Look for cryptocurrencies with a high market capitalization, as they are generally more stable and liquid.
- Technology and Innovation: Evaluate the technology and innovation behind the cryptocurrency, as well as its potential for future growth.
- Team and Community: Assess the team behind the cryptocurrency and the strength of its community, as these factors can impact its long-term success.
- Use Case and Adoption: Consider the use case of the cryptocurrency and its level of adoption by businesses and individuals.
Tips for Investing in Cryptocurrency
Create an investment plan Before you invest in cryptocurrency, decide how much money you want to invest. Only invest what you can afford to lose, as the value of cryptocurrencies can fluctuate wildly.
Determine Your Investment Amount
Since cryptocurrency is fairly new, there are several options online for buying and selling your digital assets. Find exchanges with high levels of security, low trading fees, and access to as many cryptocurrencies as possible.
Select a Reliable Cryptocurrency Exchange
Avoid scams and other fraudulent schemes in the digital asset market. Avoid any investment opportunities where the expected returns are too good to be true or where you feel rushed to make an investment.
Be Aware of Scams
If you want to store your cryptocurrencies over the long term, make a hardware wallet your primary storage solution. Hardware wallets deliver peace of mind since they store your private keys offline, adding another level of protection.
Utilize a Hardware Wallet
Follow these tips to make safe, effective investments in cryptocurrency. In so doing, you’ll greatly increase your odds of achieving lasting success!
By following these tips, you can invest in cryptocurrency more safely and effectively, increasing your chances of success in the long run.
